Also, this will be Jaitley's last full budget ahead of the general election in Last year, for the first time, the budget was presented on February 1, as opposed to the last day of the month, as was the norm prior to that.
The government also scrapped the practice of a separate railway budget last year. Read this story in Tamil. Facebook Twitter Linkedin EMail. Start a Conversation. The second part to be held from 5 March to 6 April," Kumar told reporters on the last day of the winter session. The economic survey will be tabled on 29 January, he added. For the second time, the budget will be presented on 1 February. In , the government advanced the budget presentation to the first day of February, departing from the practice of presenting it on the last working day of the month, to give more time to departments to spend the money allocated to them.
The upcoming budget session also comes amid deteriorating relations between the Treasury and the opposition benches—something that will worsen as the state elections kick off. The Congress, energized after doing unexpectedly well in Gujarat, is looking to forge common cause with other opposition parties.
The problem for the government has further aggravated because the controversial bill to end the practice of instant triple talaq was not passed by the Rajya Sabha in the winter session and is expected to again come up for discussion in the budget session. Job creation will also be a major aim, which could see extra measures for the small and medium enterprises," said N.
He added that the government may commit to sticking to the targets set out as per the fiscal responsibility and budget management Act in the budget but may choose to deviate later due to uncertainty in revenues. Fiscal deficit for is revised to Rs 5. A total of Rs Minimum Support Price MSP for all announced kharif crops will be at least one and half times of their production cost, similar to the majority of rabi crops.
Health, Education and Social Protection Budgeted expenditure on health, education and social protection for is Rs 1. Role of technology in the education sector will be increased with a focus on increased digital intensity. A total of 24 new government medical colleges and hospitals will be set up.
Additional measures will be taken by the government for growth and successful operation of alternative investment funds. Employment Generation As per an independent study conducted, over 7 million formal jobs will be created in the country during This is done to promote more women employment in the formal sector.
A model aspirational skill centre is being set up in every district of the country. Budgetary allocation for infrastructure is set at Rs 5. All-time high allocations have been made to the rail and road sectors.
Under the Smart Cities Mission, projects worth Rs 2, crore A total of 99 cities have been selected under the mission with an outlay of Rs 2.
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